GreenVoltis closes Series A with Lochpine Capital
The Swedish energy technology company will develop its AI trading platform and expand in Europe.
GreenVoltis has completed a Series A round worth tens of millions of US dollars, with Lochpine Capital as the sole investor, according to an October 30 report. Lochpine Capital is backed by battery manufacturer CATL.
The proceeds will support development of the Aether AI electricity trading system and Chronos grid controllers, expansion in key European markets and work in AI infrastructure. GreenVoltis combines software and equipment controls to operate renewable energy assets.
Use of funds
Develop Aether and Chronos
Expand in European energy markets